There is hereby levied for general purposes and use by the City of Liverpool, Texas for the tax year of 2021/2022, and for each year thereafter until otherwise provided, an ad valorem tax at a the rate of $0.14773(14.773 Cents) on each One Hundred Dollars ($100) of assessed valuation on all property, real, persona, and mixed within the corporate limits upon which an ad valorem tax is authorized by law to the be levied by the City of Liverpool, Texas .